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Showing posts from July 16, 2015

Hapag-Lloyd selects banks in advance of IPO

Hapag-Lloyd has reportedly picked Deutsche Bank, Goldman Sachs and Berenberg to assist it with an initial public offering, fueling speculation the German ocean carrier is accelerating its plan for a public float.


German ocean carrier Hapag-Lloyd has picked Deutsche Bank, Goldman Sachs and Berenberg to assist the company with an initial public offering, according to reports from several media outlets, including Reuters and the Wall Street Journal.

Choosing banks “indicates that Hapag-Lloyd is accelerating efforts to float a minority stake on the Frankfurt stock exchange as early as this fall, a move it has previously indicated as a goal,” the Wall Street Journal said of the news, adding that the Hamburg-based container shipping company's IPO could be valued at $5.5 billion.

To put that valuation in context, when Neptune Orient Lines, parent company of ocean carrier APL, was rumored to be taking over Hapag-Lloyd in 2008, the company was supposed t…

HAWAII : Mangoes at the Moana returns to Waikiki

JULY 14, 2015


A cocktail competition will be part of the annual Mangoes at the Moana event at the Moana Surfrider on Saturday.


The annual Mangoes at the Moana returns to the Moana Surfrider on Saturday.

Events run 9 a.m. to 4 p.m. in the Banyan Courtyard. They include a farmers market, cooking demonstrations (noon, 1 p.m. and 2:30 p.m.), and seminars and workshops (2 and 3 p.m.).

Growers can enter a Best Mango contest with two backyard treasures. The victor will win a two-night stay in an oceanfront room at the hotel. Registration begins at 8 a.m.; the contest begins at 9 a.m.

Also on the agenda: a chef’s Mango Throw Down and a Mango Cocktail Mixdown, from noon to 4 p.m.

Mango Throw Down contenders are chefs:

**  Shaymus Alwin of Azure Restaurant, 
** James Aptakin of MAC 24/7, 
** Heather Bryan of Top of Waikiki, 
** Ron de Guzman of Stage Restaurant,
**  Darren Demaya of Kai Market, 
** Hiroyuki Mimura of Taormina Ital…

STRATFOR ANALYSIS : In Mexico, Crime Is Bigger Than a Crime Boss


JULY 14, 2015 | 09:16 GMT

The alleged end of the tunnel through which Mexican drug lord Joaquin "El Chapo" Guzman Loera could have escaped from the Altiplano prison, at a house in Almoloya de Juarez, Mexico, on July 12. (YURI CORTEZ/AFP/Getty Images)


The July 11 escape of the notorious Sinaloa crime boss, Joaquin "El Chapo" Guzman Loera, from a maximum-security prison in Mexico has drawn considerable Mexican and international media attention. 

While the brazen and elaborate nature of the escape will add to the lore already surrounding Guzman, the escape itself carries little significance for organized crime in Mexico — though it will place a momentary strain on coordination between U.S. and Mexican law enforcement. 

The forces that drive the evolution of organized crime and their impact on society in Mexico are simply greater than any single crime boss.


Mexico's geography enabled drug traffickers like Guzman to operate on a global scale

As i…